The Village Realtors Real Estate Market Report

Danville, CA

Single-Family Homes

Tom & Thomy Clements | www.VillageRealtors.com | 510-278-0800



Danville, CA

Tue Feb 20 2018
This week the median list price for undefined is $1,799,444 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has held steady at or around 74. Click here to stay informed with the Danville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Danville, CA

Tue Feb 20 2018
This week the median list price for undefined is $1,799,444 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has held steady at or around 74. Click here to stay informed with the Danville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $1,799,444
Per Square Foot $521
Days on Market 83
Price Decreased 15%
Price Increased 3%
Relisted 11%
Inventory 74
Median House Rent $3,725
Most Expensive $7,500,000
Least Expensive $739,000
Market Action Index
Strong Seller's Market
53

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,369,400 6,037 1 - 2.5 acres 5 5 16 1 0 190
$2,198,500 3,981 0.5 - 1 acre 4 3 34 4 2 92
$1,535,000 3,311 8,000 - 10,000 sqft 4 3 30 5 3 40
$1,099,800 2,149 6,500 - 8,000 sqft 4 2 29 13 7 17